103 Foster St new

Peabody,MA 01960

$ 2500000

- Bed

- Bath

34998 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 34,998 sqft

Price per Sqft $71

MLS Listing ID 73315353

HOA Y/N false

Year Built 1900

Annual Tax Amount $24,471

Tax Year 2024

Lot Size 1.840 Acres

Acres 1.84

Property Description

This is a large industrial complex located in downtown Peabody within relatively close vicinity to Route 128. The nearly 2 acre site is level and currently used for parking and outdoor storage. There is first floor space of 24,832 s.f. and second level space of 10,166 s.f. The original two story building is an attractive brick structure. The second level is currently used for offices, lunch room and manufacturing. There is a drive in loading door at the rear of the property and also within the attached out buildings. This complex boasts heavy power. Within the past few years there has been a substantial investment in roofing, gutters and some paving. This property has been continuously used since the beginning of the 20th century. The building has a wet sprinkler system. This is an excellent opportunity for a large manufacturer or to subdivide the buildings for multi-tenant industrial or flex occupancy. Alternatively, the property would be an attractive downtown housing site

Location

State MA

County Essex

Zoning GB

Direction Foster Street between Lowell Street and Washington Street.

Exterior

Total Parking Spaces 50

Others

Senior Community false

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